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Okamura Foods Co (TSE:2938) EBIT : 円3,131 Mil (TTM As of Jun. 2024)


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What is Okamura Foods Co EBIT?

Okamura Foods Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was 円950 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was 円3,131 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Okamura Foods Co's annualized ROC % for the quarter that ended in Jun. 2024 was 5.83%. Okamura Foods Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 14.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Okamura Foods Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.57%.


Okamura Foods Co EBIT Historical Data

The historical data trend for Okamura Foods Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Okamura Foods Co EBIT Chart

Okamura Foods Co Annual Data
Trend Jun21 Jun22 Jun23 Jun24
EBIT
1,674.00 3,381.00 3,566.00 3,131.00

Okamura Foods Co Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EBIT Get a 7-Day Free Trial 523.00 1,328.00 75.00 778.00 950.00

Competitive Comparison of Okamura Foods Co's EBIT

For the Farm Products subindustry, Okamura Foods Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Okamura Foods Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Okamura Foods Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Okamura Foods Co's EV-to-EBIT falls into.



Okamura Foods Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,131 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Okamura Foods Co  (TSE:2938) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Okamura Foods Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=2872 * ( 1 - 33.45% )/( (33583 + 31978)/ 2 )
=1911.316/32780.5
=5.83 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Okamura Foods Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3800/( ( (8803 + max(18376, 0)) + (9211 + max(16586, 0)) )/ 2 )
=3800/( ( 27179 + 25797 )/ 2 )
=3800/26488
=14.35 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3722 + 19409 + 689) - (2014 + 0 + 3430)
=18376

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4371 + 16855 + 645) - (2357 + 0 + 2928)
=16586

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Okamura Foods Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=3131/47624.591
=6.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Okamura Foods Co EBIT Related Terms

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Okamura Foods Co Business Description

Traded in Other Exchanges
N/A
Address
1-6-11 Yaeda, Aomori Prefecture, Aomori, JPN, 030-0912
Okamura Foods Co Ltd is engaged in the business of aquaculture, Salmon farming, processing and sales of marine products, wholesale of marine products.

Okamura Foods Co Headlines

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